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#41 // Navigating the Challenges of Entrepreneurship: Insights from Michael Eckhardt of the Chasm Institute

Entrepreneurial Realities

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Generative AI

Generative AI is still early market. It's engaging or should be engaging with the visionary customers today who have a business pain point, whether in Med, healthcare, banking, whatever it might be. With our methods at Chasm, it does not get you to 100%. But understanding the life cycle, understanding the whole product, segmenting properly, identifying pain points gets you to our basis point of data says about a 75% success rate from a 17% success rate. And so that's what we see as success and whether it's B2B companies like in MedTech, AI, cybersecurity, etc. E-commerce, the first crossing was Amazon with books 20 years ago; now

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